MOROCCO LOAN FOR NON-RESIDENT
MOROCCO MORTGAGE FOR FOREIGNER

MOROCCO LOAN MORTGAGE FOR NON-RESIDENT 2024

MOROCCO MORTGAGE FOR FOREIGNER MOROCCO LOAN MORTGAGE FOR NON-RESIDENT 2024

In Morocco, a loan and mortgage for non-resident in 2024 is defined by a credit facility granted to a person who wishes to borrow money in the Moroccan Kingdom without residing there in order to often finance a real estate personal project.

In Morocco, the loan and mortgage for non-resident is intended to provide funds necessary for a foreigner or a Moroccan resident abroad to cover expenses and costs related to the activities of this borrower in the country including acquiring a property .

In Morocco, financing for non-residents is strictly regulated by the Moroccan foreign exchange office, reserving this type of loan to certain circles such as the staff of diplomatic representations and on the basis of credit in local currency only (Moroccan Dirham).

In Morocco, mortgage for foreigner non-residents is however feasible for the acquisition of real estate up to 70% of the value of the property, however the contribution of 30% must be advanced in foreign currency.

Which financial institutions propose In Morocco, mortgage for foreign non-resident ?

Several banks in Morocco provide mortgage products specifically designed for non-resident foreigners looking to invest in real estate within the country. These institutions are known for their services tailored to international clients, offering support in navigating both financial and legal aspects of real estate acquisition.

  • BMCE Bank: Offers extensive international services and provides mortgages for foreigners purchasing property in Morocco.
  • Attijariwafa Bank: Provides a comprehensive range of mortgage products for non-residents interested in Moroccan real estate investments.
  • Crédit Agricole: Known for its specialized services for foreigners, including mortgage options for buying property in Morocco.

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